In trying to create a temporary world in which traditional economic models are eschewed in favor of a idealistic gift economy, we've created a totally dysfunctional ticket market which is driven only by panic, fear and greed. I've never seen the laws of supply and demand be rendered totally irrelevant, but the great ticket panics of 2011 and 2012 have done so. Strangely enough, the very people who have been panicking on both the supply and demand sides have access to pretty good information, and therefore we should have a pretty stable pricing model. Where else do you know exactly how many of a thing are going to be available, very good good trends and numbers to estimate how many will be demanded, and yet the prices for this thing gyrates wildly?

[quote="stew"][quote="uncle sticky"]I've never seen the laws of supply and demand be rendered totally irrelevant, but the great ticket panics of 2011 and 2012 have done so. [/quote]You must have missed the dot com boom, the housing bubble and the 2008 stock market.[/quote]Nah, those disasters were based on the complete failure of investors to properly calculate the actual risk in the bets they were making, mostly with other peoples' money. I'm talking goods and services.

All of reality is unplanned and not quite turning out how everyone expected, and you're surprised?The scalper capitalist in this affair sure seem to have their finger on how to run things, as they swallow tickets.

Low ticket prices are dysfunctional? Only in the same way that low housing prices are dysfunctional, which is to say not at all except to insiders looking to keep outsiders out. Low ticket prices are radically inclusive. Seems pretty functional to me even if the road here was bumpy.